Feds to cap Parent PLUS loans at $20K starting July 1
Sweeping federal student aid changes taking effect July 1 will cap Parent PLUS loans at $20,000 annually and $65,000 over a lifetime, potentially disrupting how families plan for college.
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Sweeping federal student aid changes taking effect July 1 will cap Parent PLUS loans at $20,000 annually and $65,000 over a lifetime, potentially disrupting how families plan for college.
The overhaul also limits graduate student borrowing to $20,500 per year, pushing many families to seek alternative ways to cover rising tuition costs.
